Ideal Power (IPWR) to Offer Common Stock

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Go back to Ideal Power (IPWR) to Offer Common Stock

Ideal Power Announces Proposed Public Offering of Common Stock

February 8, 2021 4:01 PM EST

AUSTIN, Texas, Feb. 08, 2021 (GLOBE NEWSWIRE) -- Ideal Power Inc. (Nasdaq: IPWR) (the Company or Ideal Power), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN bi-directional power switches, today announced that it has commenced an underwritten public offering of shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the public offering. All shares of common stock to be sold in the offering will be offered by the Company. The offering is... More